K M L M Chits India Limited

Provides financial intermediation services, incorporated in 2009 with registered office in Cochin, Kerala.

2009 | Ernakulam, Kerala (India) | Active
Last Updated: November 16, 2024

K M L M Chits India Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.33 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 98.59 Cr
  • Revenue Growth -32.82%
  • Profit Growth 67.62%
  • Ebitda -163.19%
  • Net Worth -1.70%
  • Total Assets -46.64%

About K M L M Chits India

K M L M Chits India Limited (KMLMCIL) is a Public Limited Indian Non-Government Company incorporated in India on 28 October 2009 and has a history of 15 years and three months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Klm Prime Chits Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 12.33 Cr.

The company has closed loans amounting to ₹98.59 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at K M L M Chits India Limited India are Merin as CFO and Sneha Agarwal as Company Secretary. Nalpat Jose, George Kuriape, and Elen Shibu serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U65992KL2009PLC024944

  • Company No.

    024944

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Oct 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at K M L M Chits India?

Executive Team (3)

Name Designation Appointment Date Status
George Kuriape Country flag representing In Managing Director 26-Sep-2014 Current
Merin Country flag representing In CFO 05-Dec-2019 Current
Sneha Agarwal Country flag representing In Company Secretary 16-Sep-2019 Current

Board Members (2)

Name Designation Appointment Date Status
Nalpat Jose Country flag representing In Director 26-Sep-2014 Current
Elen Shibu Country flag representing In Director 24-Nov-2017 Current

Financial Performance of K M L M Chits India.

K M L M Chits India Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.82% decrease. The company also saw a substantial improvement in profitability, with a 67.62% increase in profit. The company's net worth dipped by a decrease of 1.7%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-32.82%
Revenue from Operations
-21.31%
Total Assets
-46.64%
Profit or Loss
67.62%
Net Worth
-1.70%
EBITDA
-163.19%

What is the Ownership and Shareholding Structure of K M L M Chits India?

In 2022, K M L M Chits India had a promoter holding of 5.03% and a public holding of 94.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹98.59 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 86.59 Cr
  • Others : 10.00 Cr
  • The Federal Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
01 Jul 2023 State Bank Of India ₹86.59 Cr Satisfied
13 Dec 2019 Others ₹10.00 Cr Satisfied
20 May 2013 The Federal Bank Limited ₹2.00 Cr Satisfied

How Many Employees Work at K M L M Chits India?

K M L M Chits India has a workforce of 2 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of K M L M Chits India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped K M L M Chits India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on K M L M Chits India

Recent activity within the organization

  • Charges

    A charge registered on 01 Jul 2023 via Charge ID 100760464 with State Bank Of India was fully satisfied on 30 Dec 2023.

    30 Dec 2023

  • Annual General Meeting

    K M L M Chits India Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 86.59 Cr with Charge ID 100760464 was registered on 01 Jul 2023.

    01 Jul 2023

  • Charges

    A charge registered on 13 Dec 2019 via Charge ID 100313124 with Others was fully satisfied on 15 Jun 2023.

    15 Jun 2023

  • Balance Sheet

    K M L M Chits India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ernakulam.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100313124 was registered on 13 Dec 2019.

    13 Dec 2019

Frequently asked questions

  • K M L M Chits India Limited was incorporated on 28 Oct 2009.

  • The authorized share capital of K M L M Chits India Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.33 Cr.

  • Currently 5 directors are associated with K M L M Chits India Limited.

    • Nalpat Sebastian Jose
    • George Gijo Kuriape
    • Elen Elu Shibu
    • Merin
    • Sneha Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of K M L M Chits India Limited is I Floor Mathewsons Trade Centre Nr J N International Stadium, Kaloor P.O India, Cochin, Kerala, 682017.

  • The corporate identification number (CIN) of K M L M Chits India Limited is U65992KL2009PLC024944 and the company number is 024944 as per Ministry of Corporate Affairs (MCA).

  • The Official website of K M L M Chits India Limited is https://www.klmgroup.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for K M L M Chits India Limited has fallen by -32.82%.

  • As Per 2023 financial reports, 2 employees are currently employed by K M L M Chits India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of K M L M Chits India Limited has experienced an downturn of -1.70%.

  • The most recent Balance Sheet for K M L M Chits India Limited was filed with the ROC on 31 Mar 2023.

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